Super Micro Computer’s Stock Drops 10% on Earnings Miss, AI Server Demand in Focus
Super Micro Computer's shares tumbled 10% after reporting fiscal first-quarter revenue of $5 billion, well below Wall Street's $5.83 billion expectation. Earnings per share of $0.35 also missed the $0.37 consensus. The AI server manufacturer had previously warned of weak preliminary results in October, signaling challenges in the competitive AI hardware sector.
Despite the earnings shortfall, management struck an optimistic tone with forward guidance projecting $10-$11 billion in Q2 revenue—far exceeding analysts' $7.83 billion forecast. This bullish outlook suggests the company may be gaining traction against rivals like Dell and HP in the booming AI infrastructure market, where demand for specialized servers continues to accelerate.